Registered Representative Salary

Median pay for Registered Representatives in the United States lies in the neighborhood of $43K per year. For the most part, Registered Representatives enjoy their work and report high levels of job satisfaction. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 54 percent. A fair number report receiving medical coverage from their employers and more than half collect dental insurance. This report is based on responses to the PayScale salary survey.

$32,928 - $73,019
(Median)
$33K
$43K
$73K
MEDIAN: $43,306
10%
50%
90%

Add this chart to your site: 640px    300px

$11.76 - $22.30
(Median)
$12
$18
$22
MEDIAN: $17.00
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Salary
$32,928 - $73,019  
   
Bonus
$980 - $9,960  
Profit Sharing
$1,750  
Commission
$-0.50 - $290,874  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,276 - $71,322  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 119
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50$100$150
Hourly Rate
$11.76 - $22.30  
   
Overtime
$29.52  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Bonus
$980 - $9,960  
   
Commission
$-0.50 - $290,874  
Profit Sharing
$1,750  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,276 - $71,322  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 27
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Job Description for Registered Representative

Managing investments and securities exchanges is a complicated and byzantine process. There are many rules that must be followed closely and the entire process is overseen by huge government bureaucracies, and this is why most people hire brokers to do their business for them. "Registered representative" is a very literal job title: commonly known as "stockbrokers," they are licensed by the United States Securities and Exchange Commission, as well as self-regulatory agencies such as the New York Stock Exchange, to represent their clients in the purchase, sale, and management of securities.

Read More...

Registered Representative Job Listings

Search for more jobs:

Pay by Experience Level for Registered Representative

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Registered Representatives who reported more years of relevant experience also reported higher earnings. Folks who are navigating the first five years of their careers have a median salary of approximately $42K in this position. Those who have been around for five to 10 years don't get much more, though; the median salary in that group is $47K. Registered Representatives with one to two decades of relevant experience report an average salary of approximately $61K. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $72K, which is substantially larger than the medians reported by folks with fewer years on their resumes.

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Registered Representative Salaries

Late-Career
up arrow 59%

Experienced
up arrow 35%

Mid-Career
up arrow 4%

National Average
$45,000

Entry-Level
up arrow 8%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 25 votes.

Gender

Female
54 %
Male
46 %

Years of Experience

Less than 1 year
3%
1-4 years
53%
5-9 years
26%
10-19 years
11%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 64%
medical benefits
Vision: 54%
dental benefits
None: 17%
ADVERTISEMENT